3400 Vega Avenue,Cleveland, OH 44113
Cleveland, OH 44113
Description
RARE ~5-ACRE URBAN INDUSTRIAL REDEVELOPMENT OPPORTUNITY NEAR DOWNTOWN CLEVELAND. 3400 Vega Avenue, the historic former Leisy Brewing Co. property, offers approximately 5 acres with more than 100,000 SF of existing industrial improvements in Cleveland's near-west-side corridor. The property's General Industry zoning creates exceptional flexibility for industrial, manufacturing and commercial users and positions the site for advanced manufacturing, urban flex, technology, logistics/distribution, contractor operations, innovation campus or other permitted nonresidential uses. Located minutes from Downtown Cleveland with convenient access to I-90, I-490, I-71 and I-77, the property offers a rare combination of urban scale, highway connectivity and redevelopment potential. Existing historic industrial character provides an adaptive-reuse opportunity, while ownership has also explored demolition and site preparation strategies that could allow a buyer to approach the property as a larger redevelopment or land-control opportunity. Significant environmental due diligence has already been completed, including an NFA Letter and updated Phase I, available to qualified purchasers for review. Professional redevelopment concepts and additional property materials are also available. Ideal for an advanced manufacturer, industrial owner-user, developer, value-add investor, contractor, regional operator or strategic buyer seeking control of a substantial Cleveland infill site. Longer-term redevelopment concepts may also include mixed-use or residential components subject to rezoning and governmental approvals. Buyer to independently verify zoning, intended use, building condition, environmental matters, redevelopment feasibility and all governmental requirements.
Details
| MLS # | 5234386 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1890 |
| Days On Site | 67 |
| Listing Provided By | ERA Real Solutions Realty | Jarrod M James |
Features
| Acreage | 4.95 |
|---|
Taxes
| Tax Annual Amount | 22110 |
|---|
Area Information
| State | OH |
|---|---|
| County | Cuyahoga |
| City | Cleveland |
| Zip Code | 44113 |
| Community Name | Hiram Stones Add |
| Listing VS Median (in Hiram Stones Add) | |
Price: $2,400,000 low | high Med: $143,450 On site: 67 low | high Med: 15.5 | |
Market Activity 44113
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Learn More About This Property
| State | OH |
|---|---|
| County | Cuyahoga |
| City | Cleveland |
| Zip Code | 44113 |
| Community Name | Hiram Stones Add |
| Listing VS Median (in Hiram Stones Add) | |
Price: $2,400,000 low | high Med: $143,450 On site: 67 low | high Med: 15.5 | |